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Tower update...

mother and child
So uh... yeah.  I took it upon myself to call Bank of America and ask them about the $670,000.00 mortgage they still have open on that 4 acres and tower we want to buy and initiate a lien release. 

I get a phone call asking me to send them a copy of the mortgage.

"Okay," says I.  "You want a... uh... you want a copy of... of the mortgage?"

"Yes."

"You're the bank, and you need a copy of your own mortgage?"

"Well, yes."

"..."

Is it me or is this some seriously f*cked up shit or what?  Geez.

Comments

( 4 comments — Leave a comment )
madame_ugly
Jul. 26th, 2012 11:43 am (UTC)
You should include an invoice for the time it took to mail it, cost of mailing, and copying fees.

You know they wouldn't give you a copy of something for free, why should you?
cindyanne1
Jul. 26th, 2012 12:55 pm (UTC)
I just called the title office that we're working with (the ones that did the initial title search for us) and had them take care of it. I'm sure they'll send me a bill for it, but omg... I'm just so incredulous about the whole thing that I don't know where to start.

It's almost become a personal goal for me now... to get that dang title on that land cleaned up, because it should have been done ten years ago and instead there's been weird companies jockeying it back and forth. I mean, look at this...

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That's public information from the auditor's website. There's just something not right going on... Montana Summits and Tower Acquisitions are passing it back and forth with quit claim deeds (and invalid sales)... for what reason? And why is Montana Summits out of the deal now?

Pinnacle Towers are the ones who took out the $670,000.00 loan from Bank of America... I'm assuming to not only build the tower, but to pay all the fees to the FCC and whatnot. So when they went belly-up, it looks like they unloaded it on International Communications, which in turn unloaded it on Tower Acquisitions, which in turn unloaded it on Montana Summits, which unloaded it back onto Tower Acquisistions... all without apparently letting the bank know anything!

I have a feeling I've seriously opened up a can of worms here, but I don't care. I'm not only opening the worms, I'm reaching in and throwing the worms all over the place! Ha!
ardeth30
Aug. 17th, 2012 06:27 pm (UTC)
0_0 That's not right. Sounds like a good thing, you opening this can of worms.
qualanqui
Jul. 27th, 2012 01:29 am (UTC)
...the fuck?
( 4 comments — Leave a comment )

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